3733 Durfee AVE new Save Request In-Person Tour Request Virtual Tour
El Monte,CA 91732
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,356 sqft
Price per Sqft $299
MLS Listing ID 25609611
Bedrooms 20
Year Built 1964
Lot Size 0.407 Acres
Property Description
This 14-unit apartment community in the City of El Monte offers a balanced mix of six 2-bed/1-bath and eight 1-bed/1-bath units with four delivered vacant (three 1+1s and one 2+1) providing immediate value-add upside through renovation and lease- up at market rents.The property has received significant capital upgrades including a new roof (2017) with warranties, upgraded main electrical panel, all-new windows, a new main-to- street plumbing line (2022), security cameras and lighting, and secure gated entry. Only one unit has been fully renovated, offering a model for interior improvement potential.An unfinished on-site laundry facility provides an additional revenue opportunity, expected to generate roughly $200/month plus rental premium once completed. The property includes 18 parking spaces with covered parking.This offering presents an excellent opportunity for investors seeking both stability and upside in a strong San Gabriel Valley rental market.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Interior
Heating Wall Furnace
Exterior
Parking Features Covered
Building
New Construction No
Others
Special Listing Condition Standard